What is the total return of BAC over the past year?
Bank of America Corporation (BAC) delivered a total return of 21.88% over the past year when dividends are reinvested. The price-only return was 19.13%, meaning dividends contributed an additional 2.75 percentage points to total returns.
How much would $10,000 invested in BAC be worth today?
A $10,000 investment in Bank of America Corporation one year ago would be worth $12,188 today with dividends reinvested (DRIP). Without reinvesting dividends, the same investment would be worth $11,913. Dividend reinvestment added $275 to the portfolio value.
Does BAC pay dividends?
Yes, Bank of America Corporation (BAC) pays dividends. Over the past year, BAC paid 4 dividends totaling $1.0800 per share. Reinvesting these dividends through a DRIP can significantly boost long-term returns.